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Rob Davis

rob@thefinerhomesgroup.com +1(828) 994-7697

$ 225,000

Est. payment | -/mo

5 Beds

2 Baths

1,630 SqFt

Save

$ 225,000

Est. payment | -/mo

Save

5 Beds

2 Baths

1,630 SqFt

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,630 sqft

Price per Sqft $138

MLS Listing ID 4366419

Bedrooms 5

Full Baths 2

Abv Grd Liv Area 1,630

Year Built 1945

Lot Size 6,098 Sqft

Acres 0.14

Property Sub-Type Duplex

Property Description

Income-Producing Duplex – Prime Kannapolis Location! Monthly Rent Income - $2,125.00. 2025 - NOI $14,805. Cap Rate 6%. If you're looking for instant cash flow, this income-producing duplex at 707 Wilson St is a must-see! A fantastic opportunity for investors, this property offers strong rental history in a rapidly growing area just minutes from Atrium Health Ballpark and vibrant downtown Kannapolis. The duplex features two well-designed units: Unit A: 3 bedrooms, 1.5 bathrooms - $1,300/mo - Unit B: 2 bedrooms, 1 bathroom - $825/mo. Both units include washer & dryer connections, adding convenience and appeal for tenants. With its desirable location, solid layout, and income-generating potential, this property is ideal for investors looking to expand their portfolio or step into rental ownership with immediate returns. Don't miss your chance to own a cash-flowing asset in one of Kannapolis' most up-and-coming areas!

Location

State NC

County Cabarrus

Zoning Res

Rooms

Basement Walk-Out Access

Interior

Heating Baseboard, Central

Cooling Central Air, Window Unit(s)

Appliance Electric Range, Refrigerator

Laundry Electric Dryer Hookup, Washer Hookup

Exterior

Garage Spaces 4.0

Street Surface Gravel,Paved

Garage true

Building

Dwelling Type Site Built

Foundation Basement

Sewer Public Sewer

Water City

Structure Type Vinyl

New Construction false

Schools

Elementary Schools Unspecified

Middle Schools Unspecified

High Schools Unspecified

Others

Pets Allowed Yes

Senior Community false

Special Listing Condition Subject to Lease

Listed by David Fox • Fox Group Properties LLC • david@foxgroupproperties.com

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(828) 994-7697

rob@thefinerhomesgroup.com

806 W CENTRAL AVE, P.O BOX 536 MOUNT HOLLY, NC, 28120

707 Wilson ST #A & B Kannapolis, NC 28083